Japan’s FSA Considers Stricter Crypto Asset Disclosure Rules to Boost Investor Protection and Support ETFs
10/2/2025
Japan’s Financial Services Agency (FSA) is weighing the possibility of classifying crypto assets as financial products akin to securities, with the aim of bolstering investor protection. The move would require businesses to provide more comprehensive disclosures about crypto assets, as reported by Nikkei.
The FSA is currently holding private discussions with industry experts to assess existing regulations. Once the review is finalized, the agency is expected to announce proposed regulatory reforms by June, according to the report.
These potential reforms could make spot cryptocurrency exchange-traded funds (ETFs) more appealing, should they eventually be approved. In August, the head of the FSA highlighted the importance of “cautious consideration” before any decision to approve crypto-related ETFs is made.
